Accommodation companies urged to halt demanding deposit from NSFAS funded university students
Accommodation companies urged to halt demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to require a deposit or top-up payment from NSFAS-funded students.
This arrives right after NSFAS been given reports about some accommodation providers who demand NSFAS-funded students to pay for a deposit or top-up payment so as to get access to the authorized private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation companies on the compulsory conditions, as provided by the Standardised Fixed-Term Lease Arrangement amongst the personal accommodation suppliers and NSFAS funded students," NSFAS mentioned in a statement on Thursday.
The Standardised Fixed-Term Lease Agreement states which the lease might be paid out every month into the accommodation supplier (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS terms and conditions for private accommodation providers’ participation on the student accommodation portal.
"The lessor may not demand or allow the lessee to pay a deposit, top-up payments, or any other varieties of payment to your lessor, or almost every other person in connection with this arrangement, like payment of hire, even though awaiting payment from NSFAS. The lessor shall don't have any recourse towards the lessee for any default inside the payment of rent by NSFAS," the arrangement reads.
The nsfas academic pathways NSFAS terms and conditions for private accommodation suppliers’ participation on the student accommodation website portal also states that: "Where the NSFAS-funded student is defunded because of an incorrect determination by NSFAS, the student will not be liable for payment of any arrear rent to the accommodation supplier, up until the day of being defunded."
NSFAS discussed that where by the NSFAS-funded student chooses to carry on occupying the leased premises, notwithstanding staying defunded by NSFAS, the scholar is going nsfas application delay to be liable for payment of rent into the lessor within the day of currently being defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for click here payment of all rent due to the accommodation provider.
"Where the student moves, accommodation providers without the prior approval of NSFAS, NSFAS may nsfas document submission deadline elect not to pay any rental to the new accommodation provider, and any such rental payments will be for the student own account," the scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za